Home Money Investors will be encouraged to pledge more money towards female-led start-ups

Investors will be encouraged to pledge more money towards female-led start-ups

by Elijah
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Solutions: The government is working to address the gender gap alongside a business task force chaired by Anne Boden (pictured)

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Solutions: The government is working to address the gender gap alongside a business task force chaired by Anne Boden (pictured)

Solutions: The government is working to address the gender gap alongside a business taskforce chaired by Anne Boden (pictured)

Investors will be encouraged to commit more money to women-led startups under Government-backed schemes.

Female founders receive just 2 per cent of all UK venture capital, a statistic that has remained stubbornly low.

The government is working to address the gender gap alongside a business taskforce chaired by Starling Bank founder Anne Boden.

It is understood that the taskforce will provide voluntary targets for investment firms to meet, which will seek to drive more cash into women-founded organisations.

An investigation into why men receive most of the funding is planned.

Venture capital is one of the main ways entrepreneurs can raise money for early-stage companies. They generally support ideas that they consider high growth.

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